2/5 Shrike Court, Burleigh Waters, QLD 4220
Asking
Offers Over $1,199,000 | View By Appointment
2/5 Shrike Court, Burleigh Waters, QLD 4220 is a 3 bed, 1 bath, 1 car house in Burleigh Waters, Queensland. This page shows its recorded sale history and a data-driven valuation based on comparable local sales.
Sale history
| Year | Price | Type |
|---|---|---|
| 2017 | $489,000 | Sale |
| 2007 | $357,000 | Sale |
Source: historical sale records. Prices shown as recorded.
Two nearby three-bedders ask $100,000 more — this one opens over $1,199,000
Three bedrooms, single-level, six minutes to Burleigh Beach — and it opens under every comparable three-bedder nearby. So what are you giving up?
Three bedrooms and a Burleigh Waters address for near two-bedroom money — the single bathroom and compact 106 sqm are the trade you're paying less for.
Three bedrooms and a Burleigh Waters postcode for close to two-bedroom money
Picture a Saturday: coffee on the covered deck, a six-minute drive down to Burleigh Beach for a swim, then home to a single-level place with nothing to mow and no stairs to climb. That's the outcome on offer here — a foothold in a suburb where the typical house now sells for $1,925,000, at close to the lowest price anyone's asking for three bedrooms.
Cosmetically updated and move-in ready — a 7/10 finish, not a renovation project
You walk in and the hard work is largely done: an updated kitchen with an island bench, tiled open-plan living, split-system air conditioning already in. It reads honestly as good, not luxury — and that spend is already baked into the price, not sitting on your weekend to-do list.
Domain estimates $930,000 to $1,230,000 — the ask sits in the upper half, and the comparable three-bedders are asking more
Here's what the alternatives actually cost. To spend less, you drop to a two-bedroom unit around $1,000,000 to $1,100,000. To get a third bedroom on its own block, you're up at $1,299,000 or more. This home sits deliberately in between — three bedrooms, close to the beach, for near two-bedroom money.
106 sqm, one bathroom, no big backyard — the trade-offs that keep the price where it is
Every dollar you're not paying has a name. A compact footprint and a single bathroom are what buy the low entry price into this suburb — and a weekend with almost nothing to maintain. If that's the life you want, the maths works in your favour.
The flood overlay: what the council data actually says
Before you fall for the low-maintenance appeal, this is the line item worth an hour of homework. The good news is the numbers are modest — but they're real, and worth confirming with a council search rather than taking on trust.
Frequently asked
What is 2/5 Shrike Court, Burleigh Waters worth in 2026?
As an attached duplex, this home falls outside our comparable-sales house model, so we don't publish a single figure for it. Domain's automated estimate (High accuracy) puts it at $930,000 to $1,230,000, and the asking price of Offers Over $1,199,000 sits in the upper half of that band. The live small-format cohort around it runs roughly $999,000 to $1,350,000. See the Valuation Guide for the full breakdown.
Is 2/5 Shrike Court overpriced or fairly priced?
The ask sits in the upper part of Domain's $930,000 to $1,230,000 estimate, but against the comparable three-bedroom listings it's at the lower end: 26 Mojave Drive is asking Offers Over $1,299,000 and 29 Ballerina Street Offers Above $1,350,000 — both $100,000 to $151,000 more. The gap reflects real differences — a single bathroom and a compact 106 sqm floor plan — rather than a flaw. As it was only listed on 21 September 2026, the price is untested.
What comparable properties support the asking price?
Because this is an attached duplex rather than a freestanding house, the fairest reference isn't the suburb's $1,925,000 typical house price — it's the live small-format cohort. The nearest current listings are 26 Mojave Drive (3-bed, 1-bath) at Offers Over $1,299,000, 29 Ballerina Street (3-bed, 2-bath on its own 430 sqm block) at Offers Above $1,350,000, and two-bedroom units at $999,000 to $1,100,000. These are asking prices, not settled sales. This home sits deliberately between the unit tier and the on-its-own-block tier.
How long has 2/5 Shrike Court been on the market?
It was first listed on 21 September 2026, so the price is untested — treat Offers Over $1,199,000 as an opening position rather than a figure the market has already responded to.
How does 2/5 Shrike Court compare to other homes in Burleigh Waters?
It's one of the most affordable three-bedroom homes listed in the suburb, but you're accepting a compact 106 sqm floor plan — smaller than about 92% of houses currently for sale here — and a single bathroom in return. Condition reads as good at 7/10, with an updated kitchen and single-level, lock-and-leave living a six-minute drive from Burleigh Beach.
Is Burleigh Waters a good suburb to buy in right now?
Burleigh Waters houses rose 6.9% over the last year to a typical $1,925,000, based on a solid sample of 183 sales — large enough to trust the direction. The pool priced near or below $1,250,000 is dominated by two-bedroom units, so a three-bedroom at this price is uncommon. We show you the data; the decision is yours.
What is happening in the Burleigh Waters property market in 2026?
Over the last 12 months the typical Burleigh Waters house sold for $1,925,000 across 183 sales, up 6.9% on the year. The affordable end of the market, near or below $1,250,000, is mostly two-bedroom units — which is what makes a three-bedroom attached home listed at Offers Over $1,199,000 stand out.
Has 2/5 Shrike Court been renovated?
It was cosmetically updated in the last 5 to 10 years and reads as good, not luxury — overall condition 7/10, with an updated kitchen with an island bench, tiled open-plan living, split-system air conditioning and a render exterior in good order. Built in 1980, it last sold for $489,000 in February 2017. The agent's framing of 'renovate, invest or move straight in' is a fair account.
Is 2/5 Shrike Court a good investment?
It was advertised for lease at $850 per week in September 2025, which is about a 3.7% gross return at the asking price of $1,199,000. Rent on the property has grown from $490 per week in 2018 to $850 in 2025 — roughly 73% over seven years. Confirm the current tenancy status and, because it's an attached duplex under CMS 32670, the body corporate levies with the agent before running your numbers.
How was this property valued?
Our house valuations weight recent comparable sales, adjusting each for differences like floor area, condition and location. This home is an attached duplex, which sits outside that model, so rather than publish a single figure we anchor to Domain's $930,000 to $1,230,000 estimate and the live listings around it, $999,000 to $1,350,000. Price is discovered by the market, not set by a model.
How much is my house worth in Burleigh Waters?
If you own in Burleigh Waters and want to understand where your home sits in a market that's climbed 6.9% over the year to a typical $1,925,000, you can get an independent, data-backed read at /analyse-your-home.
Is Fields Estate the listing agent for this property?
No — Fields Estate provides independent analysis, not the listing. To arrange an inspection or make an offer on 2/5 Shrike Court, contact the listing agent handling the property.